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1
12eaRth34
February 11, 2022
Question

Error in entry in 2021 expense recording

  • February 11, 2022
  • 3 replies
  • 1 view

I entered the wrong amount for bank fees in an JE from oct 2021.  how do i correct that? 

3 replies

E
Ethel_AQuickBooks Team
QuickBooks Team
February 11, 2022

Hello there, @12eaRth34. Let me walk you through making changes in a Journal Entry.

 

You can edit a Journal entry in QuickBooks Desktop. Follow the steps below:

 

  1. Make General Journal Entries from the Company menu.
  2. Choose the journal entry you'd want to change from the list below:
  3. Select Find in QuickBooks for Windows and then input the Name, Date, Entry No., or Amount.
  4. Make your changes by double-clicking it. Select Save or Save & Close when you're finished.
  5. Select Yes to save the changes.

 

Refer to this article to learn more about Journal Entry in QuickBooks Desktop: Create a journal entry in QuickBooks Desktop for Windows or Mac.

 

To guarantee that everything runs properly, I also recommend contacting an accountant. They have the knowledge and expertise to figure out exactly what's going on with those specific transactions and get you back to work as soon as possible.

 

Use the Reply button below if you have any further questions about Journal Entry. I'll be here for you.

1
12eaRth34Author
February 11, 2022

Ethel,

 

Thanks. But that will change entries, right?.  Isn't it better to record it in the current month? Thank you!

DivinaMercy_N
DivinaMercy_NModerator
Moderator
February 11, 2022

Hello there, @12eaRth34. 

 

Yes, you can record the correction in the current month date. However, to avoid issues and to ensure you keep your data from mistakes, I'd highly recommend asking guidance from your accountant since this involves old transactions. If you're not affiliated with one, you can use our Find an Accountant tool to look for an accountant near your area. 

 

Also, It's recommended to create a backup copy of your file before changing anything on your books. By this, we can make sure that you have a copy of the original data you can restore in case of accidental loss or damage. 

 

In case you'll want to have data that shows the debits and credits amounts of a specific transaction, you can run a  Transaction Journal Report on QuickBooks Desktop. 

 

I'm always here in the Community if you have any other journal entry concerns. I'd be glad to assist you further. Have a good one. 

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